Manulife Financial Raises Quarterly Dividend by 10%, Benefiting Shareholders

Manulife Financial Corporation Announces 10% Dividend Increase

Introduction
Manulife Financial Corporation, a prominent player in the international financial services arena, has made a significant announcement regarding its common shareholders' dividends. The Board of Directors confirmed a 10% increase in the quarterly dividend, which translates to an additional 4 cents per share. This raises the total dividend to $0.44 per share, effective for shareholders of record as of the close of business on March 5, 2025. This strategic move not only showcases the company’s resilience in the financial market but also emphasizes its dedication to providing value to its shareholders.

Details of the Dividend Increase
The increased dividend rate will become payable starting March 19, 2025, marking a positive shift for investors. Such an increase is a signal of the company's strong financial health and its positive outlook moving forward. This decision supports Manulife's commitment to enhancing shareholder returns, especially vital in a competitive financial environment.

The dividend boost is also crucial for investors who rely on dividends as a source of income. Many shareholders watch for these increases as indicators of a company's growth and sustainability. With this announcement, Manulife indicates its confidence in its operational achievements and future performance.

Additionally, the company plans to engage in purchasing common shares in conjunction with their Canadian and U.S. Dividend Reinvestment and Share Purchase Plans. These purchases will occur on the open market, ensuring that shareholders have the opportunity to reinvest dividends at market prices.

About Manulife
Headquartered in Toronto, Canada, Manulife Financial Corporation is a globally recognized financial services provider with a focus on easing decision-making for individuals while enhancing their quality of life. The company operates primarily under the Manulife brand in Canada, Asia, and Europe, and as John Hancock in the United States. With over 38,000 employees and more than 98,000 agents, Manulife serves approximately 35 million customers worldwide, indicating its extensive reach in the financial sector. The company’s diverse offerings include financial advice, insurance solutions, and asset management services.

As of the end of 2023, Manulife has solidified its position in the industry with a robust framework that helps individuals manage their investments and plan for their retirement, making it a trusted name for clients looking for comprehensive financial services.

Conclusion
The declaration of a 10% dividend increase showcases Manulife's revenue strength and its desire to reward loyal shareholders. This latest move reflects not only a stable environment for the company's operations but also its strategic approach to maintaining and growing shareholder value. The financial services landscape is increasingly competitive, and actions like these indicate a proactive stance in fostering investor confidence. As the financial year progresses, stakeholders will be keenly observing how Manulife continues to enhance its offerings and provide value to its shareholders.

For more information about Manulife and its financial offerings, please visit manulife.com.